Kumon Franchise Expands in Midwest Region
World's Largest After-School Program Seeks Entrepreneurs to Open Learning Centers in Detroit, Chicago, St. Louis, and Minneapolis
TEANECK, N.J. - June 23, 2014 - (BUSINESS WIRE) - Kumon, the world's largest after-school enrichment program, launched expansion plans to meet the Midwest region's growing demand for supplemental education services. Opportunities for potential franchisees to open Kumon Math and Reading Centers are located in prime Midwest locations. Kumon is offering attractive business incentives to new franchisees who want to open in the following fast-growing markets:
- Chicago, Illinois
- Detroit, Michigan
- St. Louis, Missouri
- Minneapolis, Minnesota
"Parents want an individualized approach to their child's education. We have identified key markets in the Midwest region to fill this demand," said Larry Lambert, vice president of franchise recruitment at Kumon North America. "We offer business incentives up to $18,500 related to start-up costs. Our $2,000 franchise and materials fee is the lowest in the industry."
The private tutoring service market is projected to reach $196.3 billion by 2020, according to a recent comprehensive report by Global Industry Analysts, Inc. The growth of the market and the Kumon franchise as a whole, makes owning a Kumon after-school center a viable option for entrepreneurs. Enrollment in Kumon centers has seen a 194 percent growth since 2002 in the United States, with a 78 percent increase in average enrollment per center during the past decade. Its current franchise community consists of 1,492 independently owned and operated Kumon learning centers in the U.S.
"We are recruiting candidates that have a strong entrepreneurial spirit and a passion for helping children reach their full academic potential," said Thomas Kuczek, franchise recruitment manager for Kumon North America. "It's important our franchisees share the goal of helping children develop the skills they'll need to succeed in life."
Supplemental education continues to be one of the fastest-growing franchise industries. Entrepreneur magazine's annual Top 500 ranking of franchises recently ranked Kumon as the No. 1 education franchise in the United States for the 13th consecutive year. The ranking is considered the best and most comprehensive ranking based on objective, quantifiable measures of franchise success. Kumon has also been ranked No. 3 by Forbes in the "Top Franchises For the Money."
To inquire about franchise opportunities in Chicago, Detroit, Minneapolis or St. Louis, call Thomas Kuczek at (866) 633-0740 or email firstname.lastname@example.org. Entrepreneurial-driven individuals seeking a rewarding opportunity working with children in their local community can also submit applications online at www.kumonfranchise.com.
About the Kumon Franchise Business
Kumon is an ideal small business for professionals. The Kumon Method is an individualized, ability-based math and reading program for children of all ages and abilities. Kumon Franchisees must have a four-year college degree, be proficient in math and reading and have investment capital of $70,000 and a net worth of at least $150,000. Founded in 1958, Kumon has 26,000 learning centers in 48 countries and regions. With four million students enrolled, it is the world's largest after-school math and reading enrichment program. Kumon North America is headquartered in Teaneck, N.J. www.kumon.com